Avolon, the international aircraft leasing company, has announced a “strong performance in net income” for the second quarter (Q2) of 2023. The lessor posted a nine times net income increase year-on-year to US$76 million, with a 22% increase in operating cashflow to US$371 million. Lease revenue rose by 14% to US$613 million. During the quarter, Avolon raised US$3.4 billion of debt capital in the quarter, including: a private offering of US$750 million of senior unsecured notes maturing in 2028; a US$1.7 billion Term Loan B refinancing with new loan maturing in 2028; and signed a Letter of intent for a

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